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SCGLF / Societe Generale reports forecast-beating revenue of $1.46 billion

Societe Generale reports forecast-beating revenue of $1.46 billion
Societe Generale SA said Friday that its third-quarter profit beat expectations on strong revenue after resilient performances in both its retail and investment-banking operations, and raised its operating-margin forecast for the year. Read More
Posted: Nov 4 2022, 03:03
Author Name: Market Watch
Views: 111650

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Societe Generale: A Longer Than Expected Re-Rating Journey

By Seeking Alpha
October 5, 2023

Societe Generale: A Longer Than Expected Re-Rating Journey

Société Générale investors were not pleased with the company's growth targets. Here at the Lab, we positively view the new CEO's intention to rese more_horizontal

Societe Generale: 2026 RoTE Target Shows Structurally Lower Profitability, Still Attractive Risk-Reward Opportunity

By Seeking Alpha
September 19, 2023

Societe Generale: 2026 RoTE Target Shows Structurally Lower Profitability, Still Attractive Risk-Reward Opportunity

Societe Generale unveils a 9-10% RoTE target for 2026 at its Investor Day, some 2.5% lower than peers. The new 40-50% payout ratio is set to be based more_horizontal

Analysis: Societe Generale vision falls flat as Europe's banks falter

By Reuters
September 18, 2023

Analysis: Societe Generale vision falls flat as Europe's banks falter

Societe Generale's much-hyped new strategy plans were given a thumbs down by investors on Monday, underscoring uncertainty over European banks as they more_horizontal

Societe Generale: Asset Quality And More Upside

By Seeking Alpha
September 3, 2023

Societe Generale: Asset Quality And More Upside

Societe Generale continues to beat market expectations, and we expect a re-rating with the imminent new strategic plan. The bank confirmed the buyback more_horizontal

Societe Generale: Share Price Appreciation Pending

By Seeking Alpha
August 10, 2023

Societe Generale: Share Price Appreciation Pending

Societe Generale reported strong Q2 results, surpassing analyst expectations for both revenue and earnings. The bank announced an EUR 440 million shar more_horizontal

Explainer: Who are the lenders stepping up as SocGen scales back in Africa

By Reuters
June 8, 2023

Explainer: Who are the lenders stepping up as SocGen scales back in Africa

Societe Generale on Thursday agreed to sell some of its businesses in Africa to pan-African banking groups Coris International and privately-held Vist more_horizontal

Buy Societe Generale For Its Depressed Valuation And 8% Dividend Yield

By Seeking Alpha
May 4, 2023

Buy Societe Generale For Its Depressed Valuation And 8% Dividend Yield

Societe Generale is one of the largest European banks with a business profile geared to retail and corporate banking. Its recent operating performance more_horizontal

Societe Generale to pay $105 mln in rate-rigging settlement

By Reuters
April 14, 2023

Societe Generale to pay $105 mln in rate-rigging settlement

Societe Generale SA agreed to pay $105 million to settle U.S. investor litigation accusing the French bank of violating antitrust law by conspiring wi more_horizontal


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